Bekanntmachung • May 01
Mattr Corp. Announces Not Stand for Re-Election of Marvin Riley to the Board of Directors Mattr Corp. announced that, for personal reasons, Marvin Riley, will not be standing for re-election to the Board of Directors at the Company’s upcoming Annual Meeting of Shareholders to be held on May 14, 2026 . The Board will consider the size of the Board and whether to appoint an additional Board member following the AGM. Bekanntmachung • Mar 03
Mattr Corp., Annual General Meeting, May 14, 2026 Mattr Corp., Annual General Meeting, May 14, 2026. Bekanntmachung • Nov 13
Mattr Corp. Provides Earnings Guidance for the Fourth Quarter of 2025 Mattr Corp. provided earnings guidance for the fourth quarter of 2025. The Company currently anticipates revenue from Continuing Operations in the fourth quarter of 2025 will be below the third quarter of 2025. Bekanntmachung • Aug 19
Mattr Corp. Appoints Jane Skoblo as A Director, Effective August 13, 2025 Mattr Corp. announced the appointment of Jane Skoblo as a director of the Company effective August 13, 2025. Ms. Skoblo will serve on both the Audit and Compensation & Organizational Development Committees of Mattr. Ms. Skoblo’s addition to the Board allows for an orderly transition as Laura Cillis, current Director and Audit Committee Chair, intends to retire from the Board at the Company’s next Annual General Meeting. Ms. Skoblo is an independent corporate director, with extensive financial services experience spanning Canada, USA and international markets. In her last role, she was Vice President, Digital Operations at Rogers Communications, leading digital transformation for the company. Ms. Skoblo previously served as CFO of AMEX Bank of Canada and of Global Rewards for American Express (USA). Prior to that, she was CFO and COO of two start-ups - myNext Mortgage Company and Mortgage Architects Inc. She has also held senior positions in Finance with CIBC and BMO. Ms. Skoblo currently sits on the Board of Directors for Medavie, a Canadian health solutions provider, where she chairs the Audit and Risk Committee and is a member of the Finance and Investment Committee. She also sits on the Board of Teranet, the exclusive provider of electronic land and commercial registration services on behalf of the Provinces of Ontario and Manitoba, where she serves as Audit Chair, and of KOHO, a Canadian fintech company that offers a mobile-first banking alternative. Ms. Skoblo was previously a board member of Allstate Canada, Logistec Corporation, Points, Digital Research Alliance of Canada, AMEX Bank of Canada and Advisory Board member at the University of Waterloo School of Accounting and Finance. Ms. Skoblo holds a Bachelor of Business Administration from the Schulich School of Business. She is a CPA and holds CITP designation from AICPA and an ICD.D designation from the Institute of Corporate Directors. Bekanntmachung • Aug 14
Mattr Corp. Provides Earning Guidance for the Third Quarter of 2025 Mattr Corp. provided earning guidance for the third quarter of 2025. For the quarter, company currently anticipates revenue will be modestly below the second quarter of 2025. Bekanntmachung • Mar 14
Mattr Corp. Provides Earnings Guidance for the Year 2025 Mattr Corp. provided earnings guidance for the year 2025. For the year, the company expects year-over-year revenue, Adjusted EBITDA and Adjusted EPS growth versus 2024, driven primarily by new customer capture, new product adoption, increased customer activity, progressively rising production output from newly established sites, progressively improving cost absorption as new site activity rises, significantly lower full year 2025 MEO cost recognition when compared to 2024 and the addition of AmerCable. All previously existing business lines are expected to contribute to year-over-year revenue growth, with the exception of Flexpipe, where the Company is expecting relatively flat revenue performance in 2025. Bekanntmachung • Mar 10
Mattr Corp., Annual General Meeting, May 15, 2025 Mattr Corp., Annual General Meeting, May 15, 2025. Bekanntmachung • Jan 03
Mattr Corp. (TSX:MATR) completed the acquisition of Nexans AmerCable Incorporated from Nexans USA Inc. Mattr Corp. (TSX:MATR) agreed to acquire Nexans AmerCable Incorporated from Nexans USA Inc. for $280 million on November 7, 2024. A cash consideration of $280 million will be paid by Mattr Corp. Mattr intends to finance the transaction through a mix of cash on its balance sheet and its existing credit facility. AmerCable reported in 2023 standard sales of approximately $250 million. This purchase price represents a multiple of approximately 5.0 times Adjusted EBITDA of the AmerCable business for the trailing twelve-month (“TTM”) period ended June 30, 2024. The deal has received unanimous approval from both Mattr’s and Nexans’ Board of Directors. The transaction is subject to customary closing conditions including U.S. anti-trust review and approval and is expected to close around the end of 2024. Transaction fees are anticipated to be in the range of $5.8 to $6.5 million. TD Securities, Inc. acted as financial advisor for Mattr Corp. Kelli N. Patel, Mauryah N. A. McLaughlin of Dentons Canada LLP acted as legal advisor for Mattr Corp. Mitchell E. Albert of Dentons US LLP acted as legal advisor for Mattr Corp. JPMorgan Chase & Co. (NYSE:JPM) acted as financial advisor to Nexans USA Inc. White & Case LLP acted as legal advisor for Nexans USA Inc.
Mattr Corp. (TSX:MATR) completed the acquisition of Nexans AmerCable Incorporated from Nexans USA Inc. on January 2, 2025. Bekanntmachung • Dec 08
Mattr Corp. announced that it expects to receive CAD 129.25 million in funding Mattr Corp. announced that it has entered into an underwriting agreement to sell, pursuant to a private placement offering to issue 125,000 debt subscription receipts for an aggregate issue price of CAD 1,034 for the aggregate gross proceeds of up to CAD 129,250,000 on December 6, 2024. Each Subscription Receipt will entitle the holder thereof to receive, upon the satisfaction of certain conditions and without payment of additional consideration or further action, a newly authenticated 7.25% senior unsecured note of the Company due April 2, 2031, in a principal amount of CAD 1,000. The company expects the closing of the Acquisition to occur in the first quarter of 2025. Bekanntmachung • Nov 09
Mattr Corp. (TSX:MATR) agreed to acquire Nexans AmerCable Incorporated from Nexans S.A. (ENXTPA:NEX) for CAD 390 million. Mattr Corp. (TSX:MATR) agreed to acquire Nexans AmerCable Incorporated from Nexans S.A. (ENXTPA:NEX) for $280 million on November 8, 2024. A cash consideration of $280 million will be paid by Mattr Corp. Mattr intends to finance the transaction through a mix of cash on its balance sheet and its existing credit facility. AmerCable reported in 2023 standard sales of approximately $250 million. The deal has received unanimous approval from both Mattr’s and Nexans’ Board of Directors. The transaction is subject to customary closing conditions including U.S. anti-trust review and approval and is expected to close around the end of 2024. Transaction fees are anticipated to be in the range of $5.8 to $6.5 million.
TD Securities, Inc. acted as financial advisor for Mattr Corp. Dentons Canada LLP acted as legal advisor for Mattr Corp. Bekanntmachung • Oct 25
Mattr Corp. to Report Q3, 2024 Results on Nov 13, 2024 Mattr Corp. announced that they will report Q3, 2024 results After-Market on Nov 13, 2024 Bekanntmachung • Jul 19
Mattr Corp. to Report Q2, 2024 Results on Aug 08, 2024 Mattr Corp. announced that they will report Q2, 2024 results After-Market on Aug 08, 2024 Bekanntmachung • Apr 11
Mattr Corp. to Report Q1, 2024 Results on May 14, 2024 Mattr Corp. announced that they will report Q1, 2024 results After-Market on May 14, 2024 Bekanntmachung • Mar 01
Mattr Corp., Annual General Meeting, May 15, 2024 Mattr Corp., Annual General Meeting, May 15, 2024. Bekanntmachung • Nov 25
Shawcor Ltd. Announces Board Changes Shawcor Ltd. announced that Derek Blackwood has decided to retire after 14 years of service as an independent director, including 3 years as board chair, and will not seek re-election at the Company’s 2024 Annual General Meeting. The Company’s board of directors have unanimously selected Kevin Nugent as Mattr’s new board chair. Mr. Nugent will assume this role effective December 1, 2023 and Mr. Blackwood will remain as a director of the Company until his retirement on May 14, 2024. Consistent with the Company’s succession practice, Mr. Blackwood will engage in a robust transition process with Mr. Nugent to enable a seamless transfer of responsibilities. Mr. Nugent is an independent businessperson and has been a corporate director since 2007, holding numerous director roles in a variety of public and private companies, non-profit and governmental organizations. Mr. Nugent is also a Chartered Professional Accountant, with over 35 years of broad-based management experience. Mr. Nugent holds a Bachelor of Management from the University of Lethbridge and a Chartered Professional Accountant, CA (honors) designation from the Institute of Chartered Professional Accountants of Alberta. In addition to his role on the board of Mattr, Mr. Nugent currently serves as a director of the Banff Sport Medicine Foundation in addition to several private companies. Bekanntmachung • Nov 19
Shawcor Ltd. to Report Q4, 2023 Results on Feb 20, 2024 Shawcor Ltd. announced that they will report Q4, 2023 results at 8:00 AM, Central European Standard Time on Feb 20, 2024 Bekanntmachung • Oct 27
Shawcor Ltd. to Report Q3, 2023 Results on Nov 13, 2023 Shawcor Ltd. announced that they will report Q3, 2023 results After-Market on Nov 13, 2023 Bekanntmachung • Jul 14
Shawcor Ltd. to Report Q2, 2023 Results on Aug 10, 2023 Shawcor Ltd. announced that they will report Q2, 2023 results After-Market on Aug 10, 2023 Bekanntmachung • Jun 27
Shawcor Ltd. (TSX:MATR) announces an Equity Buyback for 3,442,233 shares, representing 4.94% for CAD 25 million. Shawcor Ltd. (TSX:MATR) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 3,442,233 shares, representing 4.94% for CAD 25 million. The bid will be funded using existing cash resources and any common shares repurchased by the company under the bid will be cancelled. The bid will be valid till June 27, 2024. As of June 26, 2023, the company has 69,611,384 common shares issued and outstanding. Bekanntmachung • Jun 02
Achieve Capital, LLC and management acquired Shaw Pipeline Services, Inc. from Shawcor Ltd. Achieve Capital, LLC and management acquired Shaw Pipeline Services, Inc. from Shawcor Ltd. on June 1, 2023.Achieve Capital, LLC and management completed the acquisition of Shaw Pipeline Services, Inc. from Shawcor Ltd. on June 1, 2023. Bekanntmachung • May 16
Shawcor Ltd. Approves Election of Katherine Rethy as Director Shawcor Ltd. announced that at its Annual Meeting held on May 12, 2023, approved the election of Katherine Rethy as Director. Bekanntmachung • Dec 24
Seal for Life Industries, LLC acquired Pipeline Performance Products Business from Shawcor Ltd. (TSX:SCL) for $91.5 million. Seal for Life Industries, LLC acquired Pipeline Performance Products Business from Shawcor Ltd. (TSX:SCL) for $91.5 million on December 23, 2020. The purchase price is subject to working capital adjustments. Pipeline Performance Products includes Canusa-CPS, which manufactures heat shrinkable sleeves, adhesives and liquid coatings for pipeline joint protection applications; Dhatec, which designs and assembles engineered pipe logistics products and services; and other assets in Europe and the Middle East. Brands included in this business purchase transactions are: WrapidShrink™ and Factory Grade™, Canusa-Seal™, WrapidBond™, Scar-Guard® and WrapidTape™, HBE™. The Products business generated revenues of approximately $86.5 million in 2019. It is anticipated that the proceeds from the sale will be used to fund working capital for growth and to strengthen the balance sheet. J.P. Morgan Securities LLC acted as financial advisor and Stikeman Elliott as legal advisor to Shawcor. Jones Day and Fasken acted as legal advisors to Seal For Life.
Seal for Life Industries, LLC completed the acquisition of Pipeline Performance Products Business of Shawcor Ltd. (TSX:SCL) on December 23, 2020. Bekanntmachung • Oct 02
Shawcor Ltd. Announces Contract Award for the Payara Development Project Shawcor Ltd. announced that its pipe coating division has been awarded a definitive contact with Saipem to provide thermal insulation and anticorrosion coating services for the Payara development project located in the Stabroek block offshore Guyana. The value of the award is in the range of CAD 55 million to CAD 65 million and is scheduled to commence in fourth quarter of 2020 from Shawcor's Veracruz, Mexico and Channelview, Texas facilities. Saipem previously awarded Shawcor coating contracts for the first two phases of the Liza development in Guyana in 2017 and 2018, respectively. The Payara phase of the Development project has been sanctioned by ExxonMobil subsidiary Esso Exploration and Production Guyana Limited and its partners HESS Guyana Exploration Ltd. and CNOOC Nexen Petroleum Guyana Ltd. Bekanntmachung • Aug 08
Shawcor Ltd. Intends to Exit Certain North American and International Locations of Its Pipeline and Pipe Services Segment Shawcor Ltd.’s announced that As a result of the decreased demand and market dynamics, the company will continue its efforts to adjust its pipe coating footprint to match market activity levels and exit certain North American and international locations and/or product lines of Pipeline and Pipe Services Segment which are not strategic over the longer term. The continued depression experienced in Western Canada in the first and second quarter is expected to continue as off-take capacity remains limited, there is no certainty of new pipeline infrastructure being built and lower commodity prices continue. Bekanntmachung • Jul 24
Shawcor Ltd. to Report Q2, 2020 Results on Aug 06, 2020 Shawcor Ltd. announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Aug 06, 2020